Chart EUR/CHF Update: 1.2418/00 support holds for now; still liking the bullish pattern

Published at 13:00 (GMT) 10 Jul

EURCHF

13::00 GMT - EUR/CHF has so far done a nice job at holding above the 1.2418/00 support zone noted earlier today. Despite the lack of anything solid at this hour, the pattern setup remains bullish and we continue to look for another move north to 1.2465 and then onto 1.2500 in due time. R.Z

R5: 1.2600 figure
R4: 1.2573 * 29 May high
R3: 1.2520 projection
R2: 1.2500 * break level
R1: 1.2465 09 Jul high
S1: 1.2418 * 10 Jun high
S2: 1.2414 * break level
S3: 1.2400 figure
S4: 1.2392 09 Jul low
S5: 1.2352 * 08 Jul low

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